Looks like China's got a new nickname: The Land of Opportunity! 🌟 A recent survey by the China Council for the Promotion of International Trade (CCPIT) shows that foreign companies are more pumped than ever about diving into the Chinese market.
Out of over 600 foreign-funded enterprises surveyed, more than 70% are feeling optimistic about China's market over the next five years. That's a jump of 3.8% from the last quarter. Talk about climbing the charts! 📈
What's more, over half of these companies reckon the Chinese market has become even more attractive lately, marking a 2.9% increase from the previous quarter. It's like China's got that glow-up everyone is noticing! ✨
And here's the kicker: more than half expect their investments in China to bring in bigger profits in the next five years. Among these hopefuls, a whopping 60% are European companies. Seems like everyone's hopping on the China train! 🚂
Zhao Ping, spokesperson for the CCPIT, chimed in saying that China still holds all the aces when it comes to attracting foreign investment. With friendly policies, a welcoming investment environment, and its high-standard opening-up efforts, it's no wonder China is the place to be! 🌏💼
So, if you're wondering where the global business party is at, all signs point East! 🎉
Reference(s):
Foreign enterprises confident in Chinese market, survey shows
cgtn.com
